New Delhi: The Centre today proposed a new financial model for building greenfield airports aimed at making air travel more affordable and addressing concern of disputes related to tariff.
Under the new financial model, the concession fee given by the airport operator to the concessioning authority will be based on a 'per passenger aeronautical model'.
"The passenger-based model will also be the base of the bidding process," Civil Aviation Minister Suresh Prabhu told reporters here while unveiling the transaction structure.
The new model will encourage increased private investment, the minister outlined.
14/04/18 Times of India
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Under the new financial model, the concession fee given by the airport operator to the concessioning authority will be based on a 'per passenger aeronautical model'.
"The passenger-based model will also be the base of the bidding process," Civil Aviation Minister Suresh Prabhu told reporters here while unveiling the transaction structure.
The new model will encourage increased private investment, the minister outlined.
14/04/18 Times of India
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